Jul 18, 2024 · Oil price prediction for the next 5 years and beyond: some expect demand for fossil fuels could fall in the medium-to-long-term, leading to a lower oil price in 5-10 years’ time. EIA expects the average Brent crude prices at $61/bbl in 2025 and $73/bbl in 2030.

Jan 21, 2025 · We forecast benchmark Brent crude oil prices will fall from an average of $81 per barrel (b) in 2024 to $74/b in 2025 and $66/b in 2026, as strong global growth in production of petroleum and other liquids and slower demand growth put downward pressure on prices and help offset heightened geopolitical risks and voluntary production restraint ...

Brent crude oil price equal to 76.73 dollars per 1 barrell. Today's price range: 75.89 - 76.82. The previous day close: 75.87, the change was +0.86, +1.13%. The American WTI oil price here. Oil price forecast for February 2025. In the beginning at 76.47 dollars. High 81.78, low 69.59. The averaged price 75.27.

Oct 15, 2024 · Oil prices are forecast to average $80/bbl in the last quarter of 2024. There could be a sustained geopolitical premium in crude prices until tensions resolve, according to J.P. Morgan Commodities Research. What is the outlook for oil prices? What are the immediate factors affecting the oil market?

Jan 9, 2025 · We expect downward oil price pressures over much of the next two years, as we expect that global oil production will grow more than global oil demand. We forecast that the Brent crude oil price will average $74 per barrel (b) in 2025, 8% less than in 2024, and then continue fall another 11% to $66/b in 2026.

Dec 31, 2024 · Oil prices are expected to remain relatively stable in 2025, despite potential disruptions from geopolitical events and the ongoing impact of China's economic growth on global oil demand.

Jan 9, 2025 · We expect the Brent crude oil price will average $82 per barrel (b) in 2024 and $79/b in 2025, close to the 2023 average of $82/b. Our forecast for relatively little price change is based on expectations that global supply and demand of …

The team’s forecast sees the price of oil increasing moderately in the short term, before dropping back to a similar level due to producers’ high spare capacity. But energy prices are impacted by geopolitical events, which can be difficult to predict, and could cause prices to break out of …

Nov 15, 2024 · What is the forecast for oil prices? A Oil prices are expected to hit $80 per barrel by the end of 2024 but trade around $75 per barrel in 2025, possibly dropping into the low $60s per...

Oil prices surged past $80/bbl in early January, propelled by tighter sanctions on Russian and Iranian oil and the North American cold snap. December had seen range-bound trading, with investor sentiment weighed down by the prospect of …